7.5% less global capacity in container shipping 
According to data compiled by the Copenhagen-based maritime intelligence company Eesea, the global capacity in container shipping for 2020 has already been cut by 7.5% at this point in time. Shipping capacity was down by 9% in April. So far, a total of 302 out of 2,693 sailings... more
JV to boost investment in South Korean logistics real estate
APG, Canada Pension Plan Investment Board (CPP Investments) and ESR have entered into a strategic agreement to establish a new development joint venture, ESR-KS II, with a total equity allocation of USD 1 billion, representing an investment capacity to deliver as much as USD 2... more
100 years ago and one month ago
In between 24 and 25 April 2020, it will be exactly 100 years ago that the Dornier Do Gs 1 was sunk in Kiel on Germany’s Baltic Sea coast. The predecessor of the Dornier Do J (aka whale) flying boat series, which operated, inter alia, a mail liner service between Germany and... more
New businesses in Addis Ababa and Kuala Lumpur
After months of negotiation, Maskargo welcomed its new business partner Ethiopian Airlines at Kuala Lumpur airport earlier this month. The weekly B777F service offers an 80 t payload on the route Brussels-Dubai-Kuala Lumpur-Brussels. Due to the Covid-19 situation, the launch was... more
Ship recycling regulations soon effective
New European ship recycling regulations will enter into force at the end of the year. The EU Ship Recycling Regulation (EUsRR) stipulates that all ships over 500 grt - which call at EU ports - must have a statement of compliance (SoC) demonstrating that they have an inventory of... more
Swiss in Geneva
On behalf of Geneva University Hospital and the Canton of Geneva and in collaboration with Swiss Centers China and Swiss International Air Lines, supported by its Swiss World Cargo airfreight division, landed its first cargo-only flight at Geneva airport on 21 April. The B777... more
Chinese masks en route to Russia
RZD Logistics (RZDL) is organizing a series of shipments of medical devices from China to different Russian cities to aid their battle against Covid-19. The deliveries are carried out on behalf of the Russian government. The first container train, which departed from... more
Expanded trucking services during Corona crisis
As of now, InstaFreight is offering customers stable overland transport for the supply chains from China to Europe and vice versa. Chains in both directions have been strongly affected by the Coronavirus. With this newly added service, the German-based forwarder is maintaining... more
United Cargo upgrades humanitarian efforts
Since beginning using Boeing 777 and 787 aircraft from United's passenger fleet for operating cargo-only flights, the carrier has operated 400+ flights carrying more than 6,000 t of cargo. United Cargo president Jan Krems: "We're proud to play an active role in... more
Vision of Duisport Group prevails
The Duisport Group's CEO, Erich Staake, answered the most pressing question at a press conference, which was held online for the first time. Staake assessed the situation as follows: “Overall, we expect total economic output to decline by around 10% in 2020. In many... more